inflationary pressures News

Bank of Canada Slashes Interest Rates Amid Trade Tensions: A Bold Move to 2.75%

The Bank of Canada reduces its interest rate to 2.75% in response to trade tensions and tariffs from the US, aiming to mitigate economic slowdown and inflationary pressures. This d...

Leadership Shakeup at Britannia: CEO Rajneet Singh Kohli Steps Down Amid Strategic Challenges

Britannia Industries CEO Rajneet Singh Kohli resigns, marking a pivotal leadership change amid strategic challenges and inflationary pressures. The company reports growth but faces...

February Sees a Notable Slowdown in German Business Activity, Raising Economic Concerns

Germany's services sector slows down in February, with the Services PMI Business Activity Index dropping to a three-month low of 51.1. The Composite PMI Output Index also declines,...

February Sees a Notable Slowdown in German Business Activity: A Closer Look

In February, the German services sector experienced a slowdown, with the Services PMI Business Activity Index reaching a three-month low. The Composite PMI Output Index also declin...

Surge in India's Services Sector Activity Hits a 4-Month Peak in December

India's services sector activity reached a four-month high in December, driven by increased new orders and reduced inflationary pressures. Businesses are optimistic about the outlo...

Uncertainty Looms Over ECB's Monetary Policy Cycle End

ECB Vice-President Luis de Guindos raises doubts about the end of the current monetary policy cycle, stating interest rate cuts will continue but final outcome is uncertain. He als...

US Manufacturing Activity Shows Encouraging Signs in November

Manufacturing activity in the United States improved slightly in November, according to a report by S&P Global. The Manufacturing PMI reached 49.7, up from 48.5 in October, althoug...

Fed's Bostic: Economic Outlook Positive, But Caution Needed

Federal Reserve's Raphael Bostic emphasized that the bank is not set on a predetermined outcome for its December meeting. He stressed that the current policy rate remains restricti...